The hype around Meme coins is still persistent and have continuously offered the best crypto trading experience. Just recently, a crypto trader made $9M within just three days in GNON, explaining these meme-themed cryptos hype. It happened when the market began favoring the bulls, as the user’s sentiments were slightly greedy. As a result, many tokens had quite an upsurge, filling the investor’s portfolios with new gains.
Interestingly, this heavy profiting incident is not of just one trader. Another memecoin investor turned $296 into $620K in just 4Hrs, indicating the profitable behavior of the crypto market.
How The Trader Hit This Crypto Trading Jackpot?
Two days ago, Lookonchain, a famous crypto page, revealed this crypto trading jackpot, shocking thousands of readers. As per the analytics page, the crypto trader turned $3K into $9M within three days, making a 3000X return on his initial investment. More importantly, the person made the right decision, as he invested in the Solana meme coins, which is the most demanded category this year.
This guy turned $3K into $9M in just 3 days, a 3000x return!
He spent only $3K to buy 56M $GNON via 3 wallets and sold a small part.
He currently holds 55.18M $GNON across 4 wallets, worth more than $9M!
Wallets: 4zYDZFgowjRYExR4sjCmFyuu2gAxqh2agnwWGzcdtzAm… pic.twitter.com/CrH0wQvuyf
— Lookonchain (@lookonchain) October 20, 2024
The crypto trader bought 56M $GNON into three crypto wallets despite it being the less popular and newly launched. He continued to hold the majority of these tokens (55.18M), making him more than $9M in just three days. However, it is among the rarest events, as not all investments become huge profits, especially in the case of meme coins.
How GNON Token Is Performing Today?
Numogram (GNON) is the new addition to the crypto market, as it was launched just four days ago. Despite that, it has made its place in the trader’s heart with its instant uptrend following the exchange listing. Interestingly, more than 13.5K people are holding this token, with more buyers than sellers, per Geckoterminal charts. More importantly, it is now worth $0.06056 with $55.64M in trading volume and $61.11M in market capitalization. However, the value has declined since Lookonchain mentioned this crypto trading jackpot incident.
As a result, the 55.18M tokens worth must have declined to $3.3M if he is still holding. This reduction in the crypto trader’s holdings, depicts how the crypto market works, where asset performance varies from time to time.
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